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The recent Spring Festival holiday is approaching. The overall market price of methacrylic acid in China is firm, and the trend of consolidation and operation continues to be stable. The overall trading and investment level of the market remains just in need of replenishment. The overall inquiry and purchase atmosphere of the market remains stable, and the overall trading volume remains stable. The market continues to consolidate and operate. The mainstream offer price of methacrylic acid in the domestic market is around 14200 yuan/ton, and the actual order, transaction and purchase in the market are mostly kept in order and operation, and the overall low price supply in the market is difficult to find.
Within the week, the overall domestic methacrylic acid market still maintained the trend of consolidation and stable operation under the background of the continuous downturn in the market price of the related product methyl methacrylate, and the overall trading atmosphere maintained the consolidation and good operation, and the market trading level continued to be just in need of inquiries. As the Spring Festival holiday approaches, the domestic market price of methacrylic acid is very strong, and the overall transaction focus of the market remains stable.

Although domestic downstream terminal manufacturers of methacrylic acid often maintain low load operation or stop in advance near the Spring Festival holiday, the domestic downstream terminal manufacturers of methacrylic acid have a good enthusiasm for purchasing inquiries before the holiday. They usually purchase and prepare goods in advance before the Spring Festival holiday according to their later orders. Therefore, the overall market trading atmosphere of methacrylic acid in China maintained a normal consolidation and operation trend during the week, and the market's actual demand for purchase and volume remained positive overall. The social inventory of domestic methacrylic acid remained at a normal level, the overall shipment pressure was limited, and the market price continued to be sorted and operated.

The overall market operation trend of domestic methacrylic acid production enterprises and related products methyl methacrylate is different. Most domestic methacrylic acid production enterprises will choose to stop for maintenance in advance near the Spring Festival holiday and other times. The time to resume normal operation load after the holiday is uncertain. Some production enterprises are affected by local weather and climate factors, Even some methacrylic acid production enterprises can resume normal load operation only after the 15th day of the first month. Affected by this, due to the fact that most domestic methacrylic acid manufacturers park near the Spring Festival, the overall domestic methacrylic acid market maintains a low load operation trend, the overall domestic market supply pressure is small, and the actual shipment enthusiasm remains stable. Therefore, the domestic methacrylic acid market price maintains a stable operation during the week, and the trading atmosphere continues to be stable.

In addition, the overall market operation trend of domestic methacrylic acid is different from that of methyl methacrylate and other related products. The speed of new capacity and capacity expansion in the overall domestic methacrylic acid market is relatively slow. The actual operating load rate of the existing domestic methacrylic acid production enterprises also showed a trend of gradual reduction and slowdown, and even the domestic methacrylic acid production enterprises in the early stage closed down last year. Therefore, the actual and effective domestic production capacity of methacrylic acid tends to decrease, so the overall supply and demand of domestic methacrylic acid market tends to be balanced. Even when the Spring Festival holiday is approaching and the overall demand atmosphere of the market is weak and light, it also maintains a stable consolidation and operation status, and the low-price supply is increasingly scarce.

To sum up, due to the fact that the domestic downstream methacrylic acid market needs to replenish the warehouse just before the festival, and the low actual starting load of domestic methacrylic acid production enterprises, the low social inventory pressure, and the expected delay in the launch of new or expanded methacrylic acid plants in the later period, the domestic methacrylic acid market still maintains a stable consolidation and operation trend near the Spring Festival holiday, The market price is more and more firm, and it is difficult to find low-cost goods. It is suggested to conduct short-term trading and wait for clear information guidance.